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Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United Kingdom | Publication | May 2023
The Pensions Dashboards (Prohibition of Indemnification) Act 2023 received Royal Assent on May 2, 2023. The new Act resolves an oversight in the Pensions Act 2021 and makes it a criminal offence for trustees to reimburse themselves from scheme assets in respect of penalties imposed under the pensions dashboards regulations.
Trustees guilty of such offences may be subject to a fine, imprisonment or both.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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